Pharma BD Deal Intelligence

Roche Holding AG / Alnylam Pharmaceuticals Inc.

2007 · Licensing/Option · $1.0B · Complete

Announcement Sentiment
75
Strongly positive
Outcome Score
41
Underwhelmed — fell short of the thesis.

Roche and Alnylam formed a $1B+ alliance for RNAi therapeutics. Roche paid $331M upfront in cash and equity (including purchase of ~5% of Alnylam stock at $21.50/share). The non-exclusive license covered oncology, respiratory, metabolic, and liver diseases. Roche also acquired Alnylam's Kulmbach, Germany research site (~40 employees) as a new RNAi Center of Excellence. Roche later terminated the RNAi program in 2010.

Key facts

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